Porto Alegre to Strengthen Its Social Services with IDB Support

May 24, 2023
The Inter-American Development Bank (IDB) approved a $150 million loan to enhance the health, education, labor, and social safety services in Porto Alegre, Brazil. The project will focus on improving the quality and accessibility of these services and supporting their digital transformation, aiming for a more agile response, reducing the use of paper, and improving service management.

Boosting Industries for Better Jobs: IDB Opens Applications to Skills Development Fund

April 19, 2023
As productive processes change rapidly and demand more advanced skills and digital workforces, the IDB is inviting industry associations in the region to apply to the non-reimbursable funds of its Regional Industry Skills Strategy Competitive Fund. The fund seeks to channel investments that help industries set a course for their current and future workforce to develop the skills required to thrive in the digital landscape.

IDB: Job Recovery in the Region Was Attained in 2022, After the Shock of the Pandemic

December 22, 2022
Latin America and the Caribbean registered a total recovery of jobs in the second half of 2022, reaching levels greater than those observed before the pandemic. By September 2022, economies in the region had gained 8 million extra jobs compared to those available in March 2020 when the pandemic hit. This is one of the main conclusions of IDB’s Labor Market Observatory.

Ilan Goldfajn Elected IDB President

November 20, 2022
(Updated to add the starting date) Ilan Goldfajn was elected president of the Inter-American Development Bank (IDB) today during a Special Meeting of the Bank’s Board of Governors. The meeting was held at IDB Headquarters in Washington, D.C., with delegations attending virtually and in person. Nominated by Brazil, Goldfajn will take office for a five-year term on December 19, 2022.  

Green Hiring and Skills on the Rise, IDB and LinkedIn’s Report Says

October 27, 2022
Despite recent growth, Latin American labor markets are still behind in the global green transition trend, report warns This trend will generate more than 15 million new jobs. Agriculture is the sector with the highest green skills penetration, and environmental services is the region’s fastest growing green skill. The second joint report by the Inter-American Development Bank (IDB) a

IDB Approves US$10 million to Support Job Seekers and Employers in Suriname

October 23, 2022
The Inter-American Development Bank (IDB) approved a US$10 million loan to provide jobseekers in Suriname with relevant and high-quality training for employment and expand the use of labor market intermediation services by jobseekers and employers. In Suriname, a significant percentage of people have difficulty accessing jobs for one of two reasons: they are not equipped with the skills demanded by the productive sector, or they lack labor market information to find a job that suits their skills.

IDB, IDB Lab & Beat to Promote Voluntary Savings for App Drivers in the Region

July 12, 2022
Programs within the alliance include automatic savings plans and financial education  The Inter-American Development Bank (IDB) along with its innovation lab, IDB Lab, and the mobility app Beat, are working together to promote and provide access to voluntary savings tools for driver users of the app.

Latin America and Caribbean Need to Reduce Gender Gap in Digital Transformation

June 23, 2022
An Inter-American Development Bank (IDB), IDB Invest and IDB Lab study reveals that 62% of representatives of major institutions and entities in the digital ecosystem in Latin America and the Caribbean think the digital gender gap is a problem in their respective countries. The same proportion believe that women have little participation in digital transformation processes because of a lack of skills and competencies.

Government of Belize, Taiwan, and IDB Form Agreement to Boost Jobs and Recovery

May 26, 2022
A newly signed agreement would mark the first-of-its-kind commitment between the IDB and Taiwan that pledges to create employment opportunities and foster the economic recovery of micro, small, and medium-sized enterprises (MSMEs), empowering and promoting gender and diversity in Belize. Taiwan’s ICDF to provide a financial contribution of $5 million to complement IDB’s program. T

Inter-American Development Bank and LinkedIn Join Forces for Jobs Recovery in the Region

May 17, 2022
The Inter-American Development Bank and LinkedIn are partnering to measure key labor indicators as a means to guide pandemic recovery efforts in Latin America and the Caribbean. The first analysis released indicates growth in the digital economy and the field of technology, as well as heightened demand for technological skills in Latin America and the Caribbean.